The Guardian Australia – Business
·business
·2 hours ago
US justice department drops criminal investigation against Jerome Powell
The US Department of Justice dropped its criminal investigation into Federal Reserve Chair Jerome Powell on Monday, easing the confirmation process for Trump nominee Kevin Warsh. US Attorney Jeanine Pirro announced the closure, stating that future investigations could be initiated if warranted. Powell’s term is set to end on May 15 amid ongoing tensions over interest rate policy.
Summary by Glance · The Guardian Australia – Business
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